Ramana Nanda

Associate Professor of Business Administration

Ramana Nanda is Associate Professor of Business Administration at the Harvard Business School.  He teaches Entrepreneurial Finance in the second year of the MBA program and in HBS executive education offerings.

Ramana's research focuses on the ways in which the financial sector impacts innovation and entrepreneurship in the economy.  One strand of research examines the role of financial intermediaries such as banks and VCs in shaping the founding and growth of new ventures in a region. A second, related strand, examines how government policy towards the financial sector impacts innovation, entrepreneurship and productivity growth in the economy. A current project that draws on both these strands of research relates to the challenges of financing clean-energy startups and the appropriate role for government policy in facilitating the commercialization of new technologies in this sector.  

Ramana is a Faculty Affiliate at the Center for International Development and the Center for the Environment at Harvard University and a Research Associate at the Center for Corporate Performance in Arhus, Denmark.  He received his Ph.D. from MIT's Sloan School of Management and has a BA and MA in Economics from Trinity College, Cambridge, U.K. He is a recipient of the 2010 Kauffman Junior Faculty Fellowship in Entrepreneurship Research.  

Prior to starting his Ph.D., Ramana was based in the London and New York offices of Oliver, Wyman & Company, where he worked primarily with clients in global capital markets as well as in small-business banking.  He continues to advise startup ventures on their financing strategies, with a focus on the biotechnology and clean energy sectors.  He also works with philanthropic investors who use market-based solutions to address poverty and promote entrepreneurship in developing countries.

  1. Best paper, World Finance Conference: Won 2012 World Finance Conference Best Paper for "Investment Cycles and Startup Innovation" with Matthew Rhodes-Kropf.

  2. Kauffman Foundation Junior Faculty Fellowship in Entrepreneurship Research: Awarded the 2009-2010 Kauffman Foundation Junior Faculty Fellowship in Entrepreneurship Research.

  3. Kauffman Foundation Dissertation Fellowship Award: Received the 2005-2006 Kauffman Foundation Dissertation Fellowship Award.

  4. GBI-Stern Aspen Foundation Grant for Research on Indian Software Industry: Awarded a GBI-Stern Aspen Foundation Grant in 2004 for research on the Indian software industry.